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20110712
20110712
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KGO (ABC) 1
WJLA (ABC) 1
WMAR (ABC) 1
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Search Results 0 to 4 of about 5 (some duplicates have been removed)
ABC
Jul 12, 2011 7:00am PDT
. >> neither side budged at the meeting that followed so let's bring in jake tapper and jon karl from capitol hill. jon, they tried to work on a smaller reduction deal but that didn't go much better. >> reporter: the divide is as deep as ever. they outlined 1.7trillion cuts, not enough but democrats called it completely unacceptable because it included cuts to medicare and no tax revenue increases. steny hoyer said he couldn't get a senior democratic vote for a plan. >> that means that it couldn't pass. courthouse have any idnew ideas >> reporter: they're pushing for the big deal, a lot of pain at one, entitle tks. president obama outlined the plan and said, you can't expect seniors to give up $500 when you went own ask for $5 from people like me. wealthy individuals. >> jon, the leader mitchell mcconnell is looking at a contingency plan which could be a short-term extension. >> reporter: he's tight-lipped about what they mean. they could give him a chance to accept that which he ruled out or one with no tax increases. >> the president very clear on that. >> reporter: he said he's not signin
FOX News
Jul 12, 2011 6:00pm EDT
that, and i think mr. cantor, the majority leader, i do believe that mitch mcconnell and jon kyl all share the same view. we need the biggest spending cut possible. making sure that there are no tax increases on the table. >> bret: why haven't house republicans moved forward their own plan? >> we have a number of members who just don't believe they should ever vote to increase the debt ceiling. >> bret: how are you going to get anything through? >> i think it's pretty clear that there is one option. one option that our members are talking about that. is, and i brought it up with the president today. that is linking the increase in the debt ceiling to real enforcement mechanisms, real budget mechanisms. one of them being a balanced budget amendment to the constitution. most americans believe that washington bought ought to be balanced every year. there has been a big effort to get a balanced budget amendment passed. i think it's one of those ideas where if you could get two-third of the house, or two-third of the senate to support a balanced budget amendment, it would certainly ease t
FOX News
Jul 12, 2011 11:00am EDT
in for jon scott. patti ann: i'm patti ann brown in for jenna lee, we are in the fox news room, "happening now", in the debt showdown, both sides digging in their heels before the debt defaults week away and the entire state of the u.s. economy hanging in the balance. now the president vows to keep calling meetings on cutting the the decifit and raising the limit on america's credit card until there is some sort of agreement. gregg: but the gop is standing firm against tax increases, while the president and democrats insist it has to be part of any equation that cuts benefit programs, for example, medicare, and house speaker john boehner, well now, he is squarely blaming the president, saying the debt limit is his problem, adding that the president talks a good game, but when it comes time to make these tough decisions, he can't quite pull the trigger. patti ann: and wendell goler right now is live at the white house with the very latest on the the debt debate. hi wendell. >> >> reporter: hi patti ann. it's going to be almost as hot in the cabinet room as it is out here, when the president
Search Results 0 to 4 of about 5 (some duplicates have been removed)